Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Policies that would increase transparency and accountability at the Federal Reserve would be promoted by the nominee to the Federal Reserve Board, he told a Senate committee Tuesday – before he faced a grilling by […]
Despite uncertainty over a government shutdown, a confirmation hearing remains scheduled Tuesday for Jelena McWilliams and Marvin Goodfriend, nominees for (respectively) the chairman of the Federal Deposit Insurance Corp. (FDIC) Board and member of the […]
Clear improvements to the Federal Reserve’s supervision program are “in the offing” in the near future, even though core regulatory reform in response to the financial crisis produced a stronger and more resilient system and […]
Guidance for the new tax law concerning accounting and reporting implications was distributed Thursday by federal banking agencies to give banks and savings associations insights about how the new law will affect their financial statements […]
A Taiwan bank was ordered to pay a $29 million penalty for compliance deficiencies found in 2016 under anti-money laundering (AML) laws, including the Bank Secrecy Act (BSA), the Federal Reserve said Wednesday. The order […]
For the second time since he was nominated by President Donald Trump to be the next chairman of the Federal Reserve Board, Jerome H. “Jay” Powell has received the support of the Senate Banking Committee […]
At least 17 “regulatory relief” items – including several provisions based on similar items contained in the already-House approved H.R. 10, the Financial CHOICE Act – will be marked up by the Financial Services Committee […]
An examination of federal efforts to combat money laundering will continue this week as senators hold their second hearing on the subject in the past week, while House members mark up more “regulatory relief” legislation. […]
Hearings to consider the nominations of the leader of the federal deposit insurance agency and a member of the board of the nation’s central bank are tentatively set for Jan. 23. The Senate Banking Committee […]
Penalties of $35 million were assessed against five big banking organizations for mortgage servicing deficiencies, the Federal Reserve said Friday, while at the same time the central bank terminated enforcement actions against those institutions and […]
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